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Pineapple Inc.'s leverage was 3 in 2022 and 2.5 in 2023. Which of the following is correct? Pineapple Inc. had increased liability to equity ratio

Pineapple Inc.'s leverage was 3 in 2022 and 2.5 in 2023. Which of the following is correct?

Pineapple Inc. had increased liability to equity ratio in 2023 compared to 2022.

Pineapple Inc. had higher current ratio in 2023 than in 2022.

Pineapple Inc had lower return on assets in 2023 than in 2022.

Pineapple Inc. relied more on owner financing relative to nonowner financing in 2023 than in 2022.

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